-TheWire.in Figures highlighted in an RTI reply cut to the heart of a debate over the government’s assertion to count Mudra loan beneficiaries as employed. New Delhi: Struggling to deliver on the poll promise to create one crore jobs a year, the Narendra Modi government and the BJP may have found a face-saver in the flagship self-employment Mudra scheme, launched under the Pradhan Mantri Mudra Yojana (PMMY) in 2015. However, three years in,...
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BJP's Karnataka pledge may trigger loan waiver demand in other states -Sayantan Bera
-Livemint.com Loan waiver promises fell short of farmers’ expectations in states like Uttar Pradesh, Maharashtra and Punjab New Delhi: The Bharatiya Janta Party’s (BJP’s) poll promise in Karnataka to waive off farm Loans is likely to intensify demands for a similar waiver in other states such as Madhya Pradesh, Chhattisgarh and Rajasthan which go to polls this year. In February last year, Prime Minister Narendra Modi had promised to waive off farm Loans...
More »'58 lakh farmers will benefit from Rythu Bandhu scheme'
-The Hindu Put all arrangements in place well in advance, Harish tells officials SANGAREDDY (Telangana): Irrigation Minister T. Harish Rao has called upon the officials and public representatives to make the Rythu Bandhu (investment support scheme for agriculture) a grand success, stating that this will benefit more than 58 lakh farmers in the State covering about 1.42 crore acres. He said the programme would be held from May 10 to May 17....
More »Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma
-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
More »Facing the future of development -Ashish Kothari & Aseem Shrivastava
-The Hindu Farmers’ protests interrogate the reigning development model. Alternatives do exist The recent spate of peasant protests across wide swathes of the country points sharply to the unjust folly and sheer unviability of the path of development that India has embraced, especially in the reform era since the late 1980s. Even, say, a modest food critic in metropolitan India collects an immodest annual pay package which can easily go into seven figures....
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